Year-end Inflation and Dollar Expectations Rise in CBRT Survey

Inflation and dollar expectations for the end of the year rose in the CBRT survey
Inflation and dollar expectations for the end of the year rose in the CBRT survey
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The Central Bank of the Republic of Turkey (CBRT) announced the October results of the Market Expectations Survey. In the CBRT Market Participants Survey, the year-end inflation expectation rose to 17,63 percent. For USD/TL, the expectation increased to 9,22.

According to the October results of the Central Bank's Market Expectations Survey, the year-end inflation expectation of the participants rose to 17,93 percent. In the previous survey period, the expectation was 16,74 percent.

While the 12-month CPI expectation was 12,94 percent in the previous survey period, it was announced as 13,91 percent in this survey period. Inflation expectations for the next 24 months increased from 10,71 percent to 10,27 percent. USD/TL, the year-end expectation rose to 9,22.

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